Tag Archives: Cap and Trade

Obama Political Capital Damaged by Key Losses Tonight

Liberal policy efforts backed by Obama may take a hit after losses tonight that show the President may have lost the political magic he had a year ago.

The UN Climate Summit and the Global Economy

Today’s Coffee and Markets podcast focuses on what today’s summit in New York on climate change and global warming, China and India’s priorities, the accusations against the administration, and what it all means for the global economy.

There Will Be No New New Deal. There Will Be No Greater Great Society.

As Gene Healy explains.

Obama’s JFK Mistake: All Glamour, No Game

When it comes to domestic policy, thus far there is no presidency that Barack Obama’s resembles more than John F. Kennedy’s. This is not a positive statement: Kennedy, equipped with a similarly strong majority on Capitol Hill, was nonetheless a legislatively frustrated president. By mismanaging his health care insurance reform, Obama now risks the same thing.

Want To Enact Sensible Enviornmental Policies?

Implement the recommendations Bjørn Lomborg calls for, and enact a carbon tax tied to actual global warming levels that will be offset by payroll tax cuts.

Cap-And-Trade Kills Jobs

So admit the proponents of cap-and-trade.

Waxman-Markey Is Filled With Pork And Special Interest Carve-Outs

Quelle surprise. How anyone calls this a breakthrough in climate policy is beyond me.

Reading Is Fundamental

But try telling that to Carol Browner.

Cap-And-Trade-And-Fraud Passes

It was a close vote, but the bill got through the House. I suppose that it is easy to get mad at the eight Republicans who helped push the vote over the top, but if they didn’t vote for the bill, other Democrats waiting in the wings were going to.

Cap and Trade: It’s The Corruption, Stupid!

The Waxman-Markey Act went through an array of very significant changes. About 85% of the emissions permits will not be auctioned off in the early years of the law’s operation. Instead, they will be gifted to politically-favored businesses, in states and districts with lawmakers critical to the bill’s passage. Farmers and certain electric utilities will particularly benefit. This amounts to an outsized transfer of wealth from the taxpayers to private industrial interests. Why is such a thing being allowed with nary a word of debate or public outrage?

The Great Climate Tax

In the debate over climate change, it seems we have lost sight of our true goals. The focus for Nancy Pelosi and Henry Waxman has become a cap-and-tax scheme as an end in itself — and it will be America’s working families who will pay the ultimate price with higher bills and lost jobs. We have a unique opportunity and a responsibility to reduce emissions and preserve our economy — the American public is desperate for solutions, but a national energy tax is not the answer.

Cap-And-Trade-And-Fraud

It should surprise precisely no one to find out that Waxman-Markey defies the principles of economics. What is disappointing is that Waxman-Markey’s deficiencies would be much more obvious to the public eye if the CBO were not determined to cover up those deficiencies by lowballing the average household cost estimate with a report that does not examine costs when the cap becomes tightened and onerous.

- March 22, 2010 -

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